![]() ![]() As the stock price ran from around 540 to as high as over 800 in the matter of months, NVDA wanted to make their share price more affordable to employees and investors. With SoFi Invest, investors can take advantage of buying. Shares of Nvidia NASDAQ:NVDA are set to see the 4-1 reverse split announced in May take effect on July 20th. NVDA stock could hit new highs in the future and with its business model and offerings, the sky is the limit. And investors dont necessarily have to wait for a company to split its stock to afford an investment. The company is ready to become one of the biggest tech companies in the near future. The fundamentals of the company are strong and the future looks bright. The stock might become attractive after the stock split and could attract more investors. Whether you are keen on the stock split or not, NVDA stock is one to hold forever. With this acquisition, Nvidia will be able to offer the best mapping and localization capabilities on DRIVE and ensure that the vehicles are a notch better than the others in the industry. NVIDIA Drive is an end-to-end platform that provides neural network training in the data center. AVs offer higher precision and this acquisition will allow the company to scale across its AV fleets. ![]() It will help Nvidia bring the best technology to the table. This acquisition is made right in time when the world is moving to AVs. Nvidia recently announced the acquisition of DeepMap, a startup that builds maps for autonomous vehicles. ![]() Say you have 100 shares of NVIDIA, then the day of the split you will receive 2. For example, in a 2-for-1 split, the amount of shares will double (and the price will be divided by 2, accordingly). NVIDIA is simply packaging the number of outstanding shares in a different way. It is well understood that stock splits in isolation have no effect. Timely Expansion in the Autonomous Vehicle Industry A NVIDIA stock split is no different than any other stock split. If you own Nvidia (NVDA) shares, you certainly know by now that this outstanding company announced on May 21st ( press release here) that it would do a 4-for-1 stock split for holders of NVDA shares on June 21st (record date), effective July 20th. ![]()
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